Deficits and Debt in Industrialized Democracies

Deficits and Debt in Industrialized Democracies PDF Author: Eisaku Ide
Publisher: Routledge
ISBN: 1317575865
Category : Political Science
Languages : en
Pages : 334

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Book Description
Since the global financial crisis, government debt has soared globally by 40 percent and now exceeds an astonishing $100 trillion. Not all countries, though, have fared the same. Indeed, even prior to the financial crisis, the fiscal fates of countries have been diverging, despite predictions that pressures from economic globalization push countries toward more convergent fiscally conservative policies. Featuring the work of an international interdisciplinary team of scholars, this volume explains patterns of fiscal performance (persistent patterns of budget deficits and government debt) from the 1970s to the present across seven countries – France, Italy, Germany, Japan, South Korea, Sweden, and the United States. Employing a comparative case study approach, seldom employed in studies of fiscal performance, contributions illuminate the complex causal factors often overlooked by quantitative studies and advances our theoretical understanding of fiscal performance. Among other things, the cases highlight the role of taxpayer consent, tax structure, the welfare state, organization of interests, and labor and financial markets in shaping fiscal outcomes. A necessary resource to understand a broader array of factors that shape fiscal outcomes in specific national contexts, this book will reinvigorate the study of fiscal performance.

Deficits and Debt in Industrialized Democracies

Deficits and Debt in Industrialized Democracies PDF Author: Eisaku Ide
Publisher: Routledge
ISBN: 1317575865
Category : Political Science
Languages : en
Pages : 334

Get Book Here

Book Description
Since the global financial crisis, government debt has soared globally by 40 percent and now exceeds an astonishing $100 trillion. Not all countries, though, have fared the same. Indeed, even prior to the financial crisis, the fiscal fates of countries have been diverging, despite predictions that pressures from economic globalization push countries toward more convergent fiscally conservative policies. Featuring the work of an international interdisciplinary team of scholars, this volume explains patterns of fiscal performance (persistent patterns of budget deficits and government debt) from the 1970s to the present across seven countries – France, Italy, Germany, Japan, South Korea, Sweden, and the United States. Employing a comparative case study approach, seldom employed in studies of fiscal performance, contributions illuminate the complex causal factors often overlooked by quantitative studies and advances our theoretical understanding of fiscal performance. Among other things, the cases highlight the role of taxpayer consent, tax structure, the welfare state, organization of interests, and labor and financial markets in shaping fiscal outcomes. A necessary resource to understand a broader array of factors that shape fiscal outcomes in specific national contexts, this book will reinvigorate the study of fiscal performance.

Higher Education and Social Mobility in France

Higher Education and Social Mobility in France PDF Author: Shirin Shahrokni
Publisher: Routledge
ISBN: 1317072219
Category : Social Science
Languages : en
Pages : 176

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Book Description
This book offers an in-depth sociological exploration of the social trajectories and experiences of children of post-colonial immigrants in France who are embarking on paths of extreme upward intergenerational mobility. The author draws on life history interviews with young adults of North African immigrant background, enrolled at or having recently graduated from the country’s elite higher education institutions, the grandes écoles, to delve into largely under-researched pathways and give a voice to high-achieving members of a population that continues to be collectively associated with difficulties to ‘integrate’. The volume constitutes the first sociological study to document, from the individual actor’s perspective, the everyday experience of racism within France’s elite educational institutions and to reveal the upward mobility experience to be informed by the interlocking effects of racial processes, immigrant ancestry, class background, and gender. Challenging the pervasive representation of descendants of North African immigrants as ‘unsuccessful’ and ‘unable to integrate’, this book sheds light on the experiences of the largely silent upwardly mobile members of a stigmatized minority group, revealing the strategies used to respond to the constraints to their mobility and the importance of familial histories of post-colonial migration, characterized by the former generation’s efforts, sacrifices, and resilience, in informing these ‘success stories’.

Internationalization of Education Policy

Internationalization of Education Policy PDF Author: Kerstin Martens
Publisher: Springer
ISBN: 1137401699
Category : Education
Languages : en
Pages : 214

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Book Description
This book investigates and discusses the phenomenon of internationalization of education policy and its consequences for national policymaking processes. By comparing educational outcomes and actors' reactions in different countries, it provides detailed insights into a highly contested policy field.

The Globalisation Challenge for European Higher Education

The Globalisation Challenge for European Higher Education PDF Author: Zgaga Pavel
Publisher: Peter Lang
ISBN: 3631639082
Category : Education
Languages : en
Pages : 391

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Book Description
The last decade has marked the European higher education with a particular dynamics. Today, after a decade of a «concerted» policy, national systems look much more convergent but new questions and dilemmas are emerging: about its nature and quality, about real impact of recent reforms in different countries as well as about its future. The book examines the impact of Europe-wide and global developments on national higher education systems. The authors try in particular to upfront issues of convergence and diversity, of equity and of the relationship of centres and peripheries in higher education. The book is an outcome of research collaboration between six institutes which developed a EuroHESC research proposal on the consequences of expanded and differentiated higher education systems.

Europe's Income, Wealth, Consumption, and Inequality

Europe's Income, Wealth, Consumption, and Inequality PDF Author: Georg Fischer
Publisher: International Policy Exchange
ISBN: 019754570X
Category : Business & Economics
Languages : en
Pages : 617

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Book Description
Europe's Income, Wealth, Consumption, and Inequality offers a novel approach to the analysis of social and economic trends, and the resulting book identifies major policy challenges applicable in the EU and beyond. Georg Fischer, Robert Strauss, and their contributors focus on explaining how policy makers and the media focus on national trends to measure progress among the nations in Europe.

The Multilingual Turn in Languages Education

The Multilingual Turn in Languages Education PDF Author: Jean Conteh
Publisher: Multilingual Matters
ISBN: 1783092238
Category : Language Arts & Disciplines
Languages : en
Pages : 327

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Book Description
This book addresses the ways in which languages education around the world has changed in recent years to recognise and reflect the increasing phenomenon of societal multilingualism. It examines the implications for research, theory, policy and practice.

France

France PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1484371135
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
This Selected Issues paper focuses on various aspects of corporate debt in France. The increase in debt has financed real investments, as well as acquisition of financial assets and extension of intercompany loans. The increase in debt (and its level) appears less worrisome when debt is consolidated among nonfinancial corporations. Despite the increase in the stock of debt, debt service has increased moderately. A cross-country regression analysis reveals that French publicly listed firms are on average not more indebted and have not increased their debt more than peers in other countries, after controlling for firm and sector characteristics as well as common time effects. However, the increase in debt is concentrated among large firms with sizeable leverage in a few industries, raising questions about these firms’ ability to service this debt when interest rates rise. Stress test scenarios of a large and sudden increase in interest rates suggest that corporate debt at risk could be significant at a macroeconomic level, but that cash buffers would mitigate the impact of the shock on debt service.

Where Bad Jobs Are Better

Where Bad Jobs Are Better PDF Author: Francoise Carre
Publisher: Russell Sage Foundation
ISBN: 1610448707
Category : Business & Economics
Languages : en
Pages : 323

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Book Description
Retail is now the largest employer in the United States. For the most part, retail jobs are “bad jobs” characterized by low wages, unpredictable work schedules, and few opportunities for advancement. However, labor experts Françoise Carré and Chris Tilly show that these conditions are not inevitable. In Where Bad Jobs Are Better, they investigate retail work across different industries and seven countries to demonstrate that better retail jobs are not just possible, but already exist. By carefully analyzing the factors that lead to more desirable retail jobs, Where Bad Jobs Are Better charts a path to improving job quality for all low-wage jobs. In surveying retail work across the United States, Carré and Tilly find that the majority of retail workers receive low pay and nearly half work part-time, which contributes to high turnover and low productivity. Jobs staffed predominantly by women, such as grocery store cashiers, pay even less than retail jobs in male-dominated fields, such as consumer electronics. Yet, when comparing these jobs to similar positions in Western Europe, Carré and Tilly find surprising differences. In France, though supermarket cashiers perform essentially the same work as cashiers in the United States, they receive higher pay, are mostly full-time, and experience lower turnover and higher productivity. And unlike the United States, where many retail employees are subject to unpredictable schedules, in Germany, retailers are required by law to provide their employees notice of work schedules six months in advance. The authors show that disparities in job quality are largely the result of differing social norms and national institutions. For instance, weak labor regulations and the decline of unions in the United States have enabled retailers to cut labor costs aggressively in ways that depress wages and discourage full-time work. On the other hand, higher minimum wages, greater government regulation of work schedules, and stronger collective bargaining through unions and works councils have improved the quality of retail jobs in Europe. As retail and service work continue to expand, American employers and policymakers will have to decide the extent to which these jobs will be good or bad. Where Bad Jobs Are Better shows how stronger rules and regulations can improve the lives of retail workers and boost the quality of low-wage jobs across the board.

OECD Reviews of Innovation Policy: France 2014

OECD Reviews of Innovation Policy: France 2014 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 926421402X
Category :
Languages : en
Pages : 282

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Book Description
This report compares the performance of the French innnovation systems with that of other countries and presents the conclusions of interviews with 30 key actors in the French research and innovation system.

The Report: Algeria 2013

The Report: Algeria 2013 PDF Author: Oxford Business Group
Publisher: Oxford Business Group
ISBN: 1907065938
Category :
Languages : en
Pages : 259

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Book Description
Considerable oil and gas revenues have provided the Algerian government with sufficient funds to embark on generous public spending programmes in nearly all sectors, leading to improvements in many of the country’s headline indicators. Although hydrocarbons are likely to remain the backbone of the economy for the foreseeable future, with significant state involvement, efforts are being made to diversify the economy and support private sector growth. Since the country gained independence more than 50 years ago, Algeria’s economy has evolved significantly, with oil and gas production reinforcing high levels of state spending. Algeria has been following something of a contrary approach to much of the rest of the world over the past few years. Even as the global economy has struggled, Algeria has continued to sail along fairly smoothly. It has not seen the vertiginous growth rates of emerging markets elsewhere in the Middle East and Africa, but it has seen a steady increase in activity and, through prudential management, has built up its financial reserves to great effect. While the state maintains a heavy presence in the market, the 38m-person country’s fundamentals are very robust, and the capital expenditures and policy reforms being taken to help address its weaknesses offer significant scope for even higher growth in the years to come.